Thanks, I hope so. It would be huge if WGAS receives the loan they received a commitment letter for last month. $8.5 mil initially. I'm sure you have seen what financing with companies like Asher does to stocks...it has absolutely killed long term holders like myself. I've been able to average way down though.
I think WGAS is going to get the rights to VM-179 (hopefully litigation is over tomorrow), get the loan, and drill VM-179 as planned, but that's jmo. If they end up with the rights to VM-179 (which I think they will), they will have a heck of an asset IMO.
Perhaps that's wishful thinking, but I believe this is when WGAS turns and makes a big run. Even if the loan falls through, the chart looks prime. I think it'd be a great quick flip for a nice gain.
I'm looking forward to getting into new stocks here. I'm not trying to sell WGAS, but thought I'd share a little background info. Big news on the litigation tomorrow! Keep an eye on this one.
JMO
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